Biz Direct MarketKnowing When To Make A Good Decision

Filed under: Dell (DELL), Starbucks (SBUX), Procter and Gamble (PG), Small business

In his book Crowdsourcing: Why the Power of the Crowd Is Driving the Future of Business, Jeff Howe shows the power of leveraging communities. Some of the cases he looks at are Threadless, iStockphoto and Wikipedia. Basically, with few resources, these organizations have allowed their users and customers to build their business.

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A week ago, gold had risen to a resistance zone near the July 15/08 high of 989.60. As suggested, downward pressure and profit taking have indeed driven the market down to its current value of 953.30.

Important support is nearby the current price around 930. Its probable that gold will reach this level before making a new high above 1,008. The next few days will likely produce sideways activity in the market.

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Filed under: Earnings reports, Berkshire Hathaway (BRK.A), Recession

Like so many others, you probably wanted to be a fly on the wall when Warren Buffet gave his fourth-quarter report to shareholders of Berkshire Hathaway Inc. (NYSE BRK.A). Well, here’s the bad news: Net profit fell 96%, the fifth quarterly straight decline and Berkshire’s net worth dropped a whopping $10.9 billion dollars in the final three months of 2008.

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